Big Corporations Are Beating Us Up!

Can we develop a more just system?

“We see corporate greed all around us. Four out of 10 Canadians – many of them earning around $11 an hour – can’t pay their bills but Canadian corporations are sitting on at least $630-billion in cash they’re refusing to invest in the economy.” – Nick Fillmore

A Commentary by veteran Canadian journalist Nick Fillmore

Posted July 5th, 2017 on Niagara At Large

Aggressive capitalism is kicking the crap out of us, so we should see if we can start a public conversation about the need for an alternative political and social system.

We see corporate greed all around us. Four out of 10 Canadians – many of them earning around $11 an hour – can’t pay their bills but Canadian corporations are sitting on at least $630-billion in cash they’re refusing to invest in the economy.

Unfortunately, even when many people know about the damage caused by capitalism, they feel a totally alternative political system is such a distant possibility, that they don’t bother discussing it.

Of course powerful people fearful of the threat of a social upheaval have demonized the words socialism and communism. This scares the hell out of many people.

Mainstream media are owned by corporations that seldom, if ever, report on alternative political systems. If ideas aren’t laid out before the public, they really don’t exist.

PEOPLE ARE FEDUP

Despite the lies and badgering that comes from corporations and the wealthy, people in several countries are fed up with traditional politics. They’re fighting back against corporations and governments that are joined at the hip.
Those who supported the Brexit vote for Britain to leave the European Union and the millions who voted for Donald Trump are, among other things, anti-establishment. They feel they have been ignored and left behind.

It seems that many Canadians share the same views. Seventy-one per cent of people taking part in a large poll in June said they believed the same populism evident in the U.S. is on the rise in this country. Many of those interviewed were working class or poor.

Ekos pollster Frank Graves found that 70 per cent of those polled believe that almost all the economic growth over the past 20 years has ended up in the hands of the top one per cent. Almost 25 per cent of Canadians believe there is a good chance they will lose their jobs in the next couple of years.

Our political system works mainly for the handful of people who control the parties. Only 11 per cent of Canadians have been members of a political party in recent years. When it comes time to elect new leaders, the candidate who sells the most cheap memberships often wins.

POTENTIAL SOCIALIST VOTE

I believe there is such dissatisfaction with mainstream political parties that, if we adopted proportional representation and people felt their vote counted for something, thousands of Canadians would vote for a well-led socialist party.
I am not an authority on alternative political systems, but if a party wanted to give power back to Canadians it might:

re-instate powers of the Bank of Canada so it could make no-interest loans to governments and reduce borrowing from corporate banks,

buy back and nationalize assets that are required to protect the public interest, and

introduce a proportional representation voting system.

So, is there a strong socialist party that is capable of advancing the cause?

Sadly, the answer is “No”.

I’ve compiled a list of the socialist and communist groups I’m aware of in English-speaking Canada. (I’m not discussing socialism in Quebec as it is a big topic on its own. The province has had a number of fairly successful socialist parties over the years.)

NDP IS NOT SOCIALIST!

First, just to clarify, the NDP is not a socialist party. The NDP says it’s a social democratic party, but it moved so far to the middle in the 2015 election that the Liberals were able to win the election with a few progressive promises.

There are three small groups trying to push the NDP to the left: The NDP Socialist Caucus and Momentum, which says it is the NDP’s left alternative to austerity, and Courage: A coalition of the independent left that says it wants to “put democracy back into the NDP”.

Once a bastion of socialism and communism, there still are many strong socialist adherents in labour, and a few small but effective groups across the country, such as Solidarity Halifax.

LEAP MANIFESTO IMPORTANT

Also important is the Leap Manifesto. It’s not a party and it’s not socialist but the document presents a progressive way forward that should be of interest to socialists. It is endorsed by more than 46,000 people and organizations.

It’s disappointing that not one of the few English-language groups has been successful in attracting more than a few dozen followers. They seem incapable of attracting new members.

It’s particularly upsetting groups are doing poorly when there are opportunities out there that haven’t existed for years.

Some critics say the groups are more of a hindrance than a help when it comes to representing socialism to the community.

I’d like to see a couple of groups prove the critics wrong. If they really care about what they’re doing, they should buy a new organizing manual and develop a new strategy.

Most important, they need to get out and speak to people in the language of everyday people not the jargon of socialism.

It would be great to see independent socialists now on the sidelines move into one or two of the groups and give them new life or – if necessary – take them over. Or, of course people can also start a new group.

Some folks could get together and create a place for discussion – perhaps a closed Facebook page – where ideas could be shared. The Bullet, an excellent Internet newsletter, is there to unite socialists.

While socialists don’t have a chance in hell of getting their ideas into mainstream media, they should make a stronger effort to get onto alternative media sites.

URGENT NEED TO FIGHT BACK

Folks are wrong if they think there is no urgency in developing an alternative political system. Aside from the daily drubbing we get from capitalism, there are two additional serious dangers to worry about:

The banksters who collapsed the world economy in 2008 are now a greater threat to cause an even larger collapse. Economist Robert Reich says U.S. President Donald Trump, by recommending the removal of banking protections, is greatly increasing the chances of a crash. The last time there was a crash, governments bailed out the banks, including banks in Canada. Since then, major countries, including Canada, have legislated a bail in system, which authorizes financial institutions to grab the money of depositors if they are in danger of going bankrupt.

There are signs that there are some cracks in capitalism. Ever since the crisis of 2008, governments and banks have tried just about everything to try to make capitalism grow again, but they have had little success. German economist Wolfgang Streeck says that capitalism is going to fail because it is using its power too aggressively and it’s too powerful to be kept in check by governments.

In closing, I hope that my criticisms and interest from other people reading this will put a fire under the butts of the socialist groups and encourage those hanging back to get involved. It would be great if folks would develop a discussion site where everyone can present their views.

If there’s much feedback to this article, I’ll write another piece.

Nick Fillmore is a Toronto-based freelance journalist and social activist. He earlier worked in many capacities at the CBC and for more than 25 years, was a member of the Editorial Board of THIS magazine, and was a founder of the Canadian Association of Journalists.

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“A politician thinks of the next election. A leader thinks of the next generation.” – Bernie Sanders

One response to “Big Corporations Are Beating Us Up!”

ANY system allowed to run amok is deleterious to the common good. As a wise friend once said to me – “It’s not Social-ISM or Capital-ISM that we need to fear but Social-ISTS and Capital-ISTS. It’s the hands inside the puppet that we must be aware of and not the puppets themselves.” Very well said.